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-   -   We’re changing how we charge VAT on eBay fees for residents and businesses based in t (https://www.aspkin.com/forums/uk-ebay-paypal/108891-we-re-changing-how-we-charge-vat-ebay-fees-residents-businesses-based-t.html)

ray 07-13-2017 06:32 PM

We’re changing how we charge VAT on eBay fees for residents and businesses based in t
 
Any one received this ad?

http://sellercentre.ebay.co.uk/busin...argetgroup=b2c

does it mean we have to pay extra like 20% of total amount ? Below is the email I received

Changes at a glance
✓ From 1 Aug 2017, eBay sellers living in the UK will contract with eBay (UK) Limited instead of eBay Europe S.à r.l.
✓ The change affects a number of our agreements, including our User Agreement, User Privacy Notice and Billing Agreements.
✓ We currently charge UK VAT of 20% on seller fees for non-business sellers. This won’t change and you won’t see any changes in your overall fees.
✓ Beginning 1 Aug 2017 we’ll start adding UK VAT at the standard rate of 20% on fees billed to business sellers.
✓ Our net fees aren’t affected by this change. We’re not changing the services we provide, and you won’t need to update any of your listings.
✓ For example, if you’re a business seller billed on the 15th of the month, your invoice dated 15 Aug 2017 will show VAT on all your fees. However, you’ll also see a credit for any VAT applied to your fees between 16 July and 31 July.
Are you registered for VAT with HMRC?
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You'll begin paying 20% UK VAT to eBay (UK) Limited on taxable fees. You can claim an input tax credit if you’re entitled to deduct VAT. If so, it should not represent an additional cost to you. You should consult your tax adviser to find out how VAT applies to your eBay business.
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You'll begin paying 20% UK VAT to eBay (UK) Limited on taxable fees and won’t be able to reclaim VAT paid unless you register for VAT with HMRC. If you decide to register for VAT with HMRC, you’ll be able to deduct this VAT when you complete your VAT return. You should consult your tax adviser to find out how VAT applies to your eBay business.

iphone_seller 07-14-2017 03:12 AM

Re: We’re changing how we charge VAT on eBay fees for residents and businesses based
 
Old news this, I believe. And yes if you're registered as a business.

Bunneh 07-14-2017 06:58 AM

Re: We’re changing how we charge VAT on eBay fees for residents and businesses based
 
it isnt old news.
The email arrived a few days ago.

from 1 August we going to be changed 20% vat on all FVF even if you are NOT vat registered :pout:

zamzam 07-14-2017 07:34 AM

Re: We’re changing how we charge VAT on eBay fees for residents and businesses based
 
You'll only be able to claim back anything if your VAT registered, HMRC kick to ebay to encourage business sellers crossing threshold to register...

Bunneh 07-14-2017 07:52 AM

Re: We’re changing how we charge VAT on eBay fees for residents and businesses based
 
Quote:

Originally Posted by zamzam (Post 858478)
You'll only be able to claim back anything if your VAT registered, HMRC kick to ebay to encourage business sellers crossing threshold to register...

and some people are no where near this £85k and still have to pay it..

iphone_seller 07-14-2017 08:02 AM

Re: We’re changing how we charge VAT on eBay fees for residents and businesses based
 
Its been on the eBay power seller forums for months this news, presumed everyone knew


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